201-COMMERCIAL-BANKING-FUNCTIONAL Online Practice Questions and Answers

True or False: It is NOT important to have a corresponding customer request/permission before attempting to data load.

A. True

B. False

True or False: Once a loan has been put into the approval process, the record will be locked until an action is taken.

A. True

B. False

True or False: The nCino Fees Feature can automatically calculate a fee as a fixed amount or a percentage of some other amount.

A. True

B. False

True or False: You don't need a field set in order to Build the Layout for a Screen Section.

A. True

B. False

True or False: Updating the Status of the Covenant Management record will generate a Covenant Compliance record.

A. True

B. False

When configuring a form template from the Loan object and attempting to capture the values for fields on a related object, how must the start of the query be configured to "call- out" to that other object?

A. {{"API_Name"}}

B. {{FIELD="API_Name"}}

C. {{LIST="Field_API_Name"}}

D. {{LIST="Object_API_Name"}}

Which of the following ways can a Loan be created in nCino (Select 2)

A. Converting a Lead to a Loan

B. Adding from Entity involvement related list

C. New Loan Product button from Relationship

D. New Loan Product button from Relationship

True or False: The packaged Setup of nCino UI will have Risk Rating already configured.

A. True

B. False

When creating new screen sections for a credit memo, which field determines the order in which screen sections appear?

A. Render Order

B. Widget Order

C. Display Order

D. Section Order

What objects are standard supported for Document Manager?

A. -Loan

B. -Relationship

C. -Deposits

D. -Collateral

E. -Treasury Services

F. -Product Package